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20110701
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CSPAN 5
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CSPAN
Jul 12, 2011 8:00pm EDT
and not put them on the backs of our seniors. the wars in iraq and afghanistan, the president has already begun a drawdown a it could be significant so we save in the long run. making certain that people are back to work so they are contributing to our tax base in a way that we need. and we know that we have to raise revenue. we must race revenue. our seniors understand that. but what we cannot do is shift the burden for these things that were not caused by seniors onto the backs of our seniors by pushing them into really unfair cuts to their medicare and social security benefits. . mr. tonko: i'm going to do a bit of close and then ask each of the representatives that remain here on the floor, we were joined earlier by representative chu from california, to offer your sentiments and then we'll bring the hour to a close. but you know, what i think is very important to note is that if we can find ways to save on medicare we should invest that in medicare to strengthen medicare. if we can find ways to save in social security, reinvest in social security. they deserve to be stand alones beca
CSPAN
Jul 25, 2011 8:30pm EDT
savings on the mandatory side and savings from winding down the war in iraq and afghanistan. these are savings that cbo scores of about a trillion dollars, that cbo scoring them at a trillion dollars. now we know some republicans will quibble over the savings but they have no leg to stand on. though war is the second-biggest policy driver of the deficit after the bush tax cuts. if conducting the war ads to the debt, it is undeniable winding down the war deliver savings. the administration tells us with the wind down their putting in place in the iraq and afghanistan, they can prosecute the war on about $630 billion over the next decade. cbo, however, assumes 1.67 trillion in war funding for 2021. by adopting the administration's lower number, we can save over a trillion. we know the republicans agree with this because they included the exact same savings in the wrong and budget that passed the house. i never criticized such accounting then and it's hard to see how they could do so now. last, senator reid's proposal allows a joint committee that has the potential to achieve e
CSPAN
Jul 28, 2011 8:00pm EDT
every month for military operations in afghanistan alone to prop up a corrupt and incompetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and infrastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr
CSPAN
Jul 27, 2011 8:00pm EDT
the wars in iraqnd and afghanistan, which the republicans are calling a budgetary gimmick and not real savings. the yet, the ryan budget, which almost a every house and senate republican voted for, counted the same cuts almost identically. so, they say it is real savings to thee ryan plan with state savings in the reid proposal.-- i am sorry, but you can't have it both ways. reid' further, senator reid's plan actually is all cuts. i don't necessarily like that. contains dollar for dollar spending cuts to match the debtt ceiling increase. mh as much as i don't like this aspect of it, it doesn't include any revenues. even though a "washington post" abc newsabc poll said that 72% f the american public believes we should have those makingma over. $250,000 pay more. 72%.lo what republicans haveng wanted l along and now we are giving it to wen them. and all of the cuts and plans up and supported by republicans in the past. so, we are presentingse a plan that is all cuts, no revenue. the pretense that they are using to reject it just doesn't pass the j smell test. and according to cbo, it sav
CSPAN
Jul 25, 2011 8:00pm EDT
. $2.70 trillion in spending cuts, including money saved from ending the war is in iraq and afghanistan. chuck schumer and senator reid spoke about the proposal with reporters for about 25 minutes. >> senators durbin and moynihan are on an airplane. unfortunately, they are not here. but they are on their way. i spent all weekend trying to work something out with republicans. instead of moving forward, we went backwards. one example -- our spending this year for the military is that $700 billion. that is more money for the military than the rest of the country's put together. you would think that in this debate that we have, they could chip in a few bucks to cut some spending. this weekend, the republicans wanted to raise spending. something modest, something the pentagon could live with. over the weekend, lo and behold, more funding for the pentagon. so, rather than trying to work with us on something as obvious as this to save money, they went their own direction. the economy has been forced to have the same debate on the same subject a few months from now. republicans and their short-
CSPAN
Jul 27, 2011 8:00pm EDT
in less than one hour in afghanistan. less than one hour. so here we're talking about millions of jobs, supported by funding from the national endowment for the arts, $165 billion in economic activity. against all of the other things we do, where there is so little payback for what we spend of the taxpayers' money. but the two things i'd like to mention in addition to kind of the value added aspects of arts funded -- funding, if you think back over the history of mankind, what has survived of the great civilizations of this world? the only thing that has survived has been the creative product of the minds of men and women throughout history. literature. music. architecture. painting. sculpture. these are the only things that survived. if you look around this glorquouse room we have the privilege of serving in, the famous painting of george washington, lafayette, the architecture that's represented here. this is all the creative product of the men and women of generations. this is what our soul speaks to the world, to yen rations to come -- to generations to come and this is what we're
CSPAN
Jul 11, 2011 8:00pm EDT
infrastructure in afghanistan. the notion that the $90 million more that we need for the cftc because of the deficit is nonsense. they want to turn the sec into a profit center. you have a catch-22. first denied the sec and the cftc adequate funding. they in turn will not be able to deal with the rulemaking requirements that they have. because they have not been able to move as quickly on the rolls, the rules have to be abolished. that is something they have imposed. you want the sec and the cftc to have smart people and good information technology. this does not come from the financial institutions. if you've got the rules,, you want them will run.
Search Results 0 to 6 of about 7